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Lone Star buys 80% of CaixaBank's €6.7bn Spanish real estate arm

Spain’s CaixaBank has sold 80% of its real estate business, which has a net book value of €6.7bn, to private equity group Lone Star, it has confirmed.
CoStar News
July 2, 2018 | 3:31 P.M.

CaixaBank said it will retain a 20% stake with the remainder transferred to a company owned by the investment funds Lone Star Fund X and Lone Star Real Estate Fund V (Lone Star). It has also transferred its affiliate company Servihabitat Servicios Inmobiliarios, S.L.

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